{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-290738","form_type":"8-K","ticker":"NVRI","cik":"0000045876","company_name":"ENVIRI Corp","filed_at":"2025-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.796491+00:00","generated_at":"2026-05-16T17:45:43.005036+00:00","sec_items":["1.01","5.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Enviri sells Clean Earth to Veolia for $3.04B, plans spin-off of Harsco businesses to shareholders","bullets":["Cash consideration of $14.50-$16.50 per share plus 0.33 shares of New Enviri per Enviri share.","Transaction includes taxable spin-off of Harsco Environmental and Rail into New Enviri; expected mid-2026 close.","New Enviri will have ~2.0x net leverage, undrawn $1.35B debt repaid, and significant cash at close.","Russell Hochman appointed President/COO of Enviri, will become CEO of New Enviri.","Enviri shareholders retain full ownership of New Enviri; company expects right-sized corporate costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-290738","json":"https://secwatch.observer/filing/0001193125-25-290738.json","markdown":"https://secwatch.observer/filing/0001193125-25-290738.md","text":"https://secwatch.observer/filing/0001193125-25-290738.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/45876/000119312525290738/0001193125-25-290738-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/45876/000119312525290738/d15543d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T17:45:43.005036+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2e8d21f595747a1b344f7907c2a35dc8beefdcc2","claim":"ENVIRI Corp entered into Separation Agreement with Veolia Environnement S.A. (effective 2025-11-20).","evidence_excerpt":"a Separation Agreement, dated as of November 20, 2025 (the “Separation Agreement”), by and among the Corporation, CLEH, Buyer, and Enviri II Corporation, a newly formed Delaware corporation and a direct wholly owned subsidiary of the Corporation (“New Enviri”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/45876/000119312525290738/0001193125-25-290738-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Veolia Environnement S.A."},{"label":"Effective","value":"2025-11-20"}],"fact_type":"material_agreement"},{"claim_id":"543a1b45e68ccd1b166bedeca54dd4f5b5de68ec","claim":"ENVIRI Corp entered into Agreement and Plan of Merger with Veolia Environnement S.A. (effective 2025-11-20).","evidence_excerpt":"Agreement and Plan of Merger, dated as of November 20, 2025 (the “Merger Agreement”), by and among the Corporation, CLEH, Inc., a newly formed Delaware corporation and a direct wholly owned subsidiary of the Corporation (“CLEH”), Enviri LLC, a Delaware limited liability company and a direct wholly owned subsidiary of CLEH (“Enviri LLC”), Buyer, and Liberty Merger Sub Inc., a Delaware corporation and wholly owned indirect subsidiary of Buyer (“Merger Sub”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/45876/000119312525290738/0001193125-25-290738-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Veolia Environnement S.A."},{"label":"Effective","value":"2025-11-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}